Problem:
I am a landlord. You are a renter. I tell you that I have a deal for you: You could rent my house for 40grand/year or buy it for 1.4mil. Banks are currently paying 3% in interest a year on savings deposits.

What would you do? Continue to rent the house or buy it?

Explain. (using only the info you have been given)

Question

Problem:
I am a landlord. You are a renter. I tell you that I have a deal for you: You could rent my house for 40grand/year or buy it for 1.4mil. Banks are currently paying 3% in interest a year on savings deposits.

What would you do? Continue to rent the house or buy it?

Explain. (using only the info you have been given)

kittykitty04 · Answer

I'm not sure if this has anything to do with budgets. I can't find examples for this. Please help guide me!~

supercalifragalisticexspeaalli · Answer

hey